With the arrival of crossrail just around the corner, in 2019 the leafy suburb of Ealing will only be an 11 minute commute away from Central London. Investing in London’s property market can be a daunting process, at SMC we like to make the process as stress free as possible. Follow our simple guide for a profitable investment in Ealing’s real estate market:
Why you should invest in Ealing (West London)
1. The Queen of Suburbs: Ealing’s residential streets have gained the nickname ‘Queen of the Suburbs’ due to their vast collection of double-fronted Victorian and Edwardian detached family homes. It is this nickname that has allowed Ealing’s housing demand to creep up and up over the previous years. The aesthetics of the area combined with the new Elizabeth crossrail line have resulted in Ealing being set to become one of the most prestigious suburbs to invest in by 2020, meaning that investing now will allow for a good profit.
2. Property Prices: The property market of Ealing continues to see prices rise, even after the controversial result of the referendum. “House prices along the crossrail line have seen an increase of 52 pc since construction began in May 2009” (Telegraph:16). Ealing has witnessed one of the sharpest increases in prices, a surge of 61.4% within the area of Ealing Broadway since construction of the Elizabeth line. The recent spike in house prices will only continue to rise once the full benefit of cross rail has been introduced, so you can expect a substantial return on your investment.
3. Family Living: Ealing is sprawling with parks, cheaper than London average car parking spaces, spacious homes and award winning education. Ealing provides a good mixture of both state and private education and boasts 92 primary schools, 33 secondary schools and 28 collages. Ealing’s demographics make for fantastic family life:
4. Transport Links: Ealing is one of the best connected locations in London. With connections to both Central London and Heathrow achievable in under 20 minutes, Ealing provides a hub of transportation. Wherever you are in Ealing, you are never far away from an underground station. The Piccadilly, District and Central line all serve the borough of Ealing, whilst The Great Western Train will get you into Paddington in 10 minutes. Road users also benefit from easy access to the M40, M4, A40, M3, M1 and M25, whilst the Western Avenue runs directly into Central London.
5. Village Life in The City: Many say it is hard to multitask, but Ealing manages to do just that. It can offer independent butchers, fishmongers, bookshops, bakeries, welcoming village pubs and warming coffee shops. There is always a friendly face to be seen; someone waving from across the road or stopping for a chat. Whilst being able to provide a village feel, Ealing can also accommodate the desire for busy London living with its outstanding transport links.